The following unadjusted trial balance contains the accounts and balances of Dylan Delivery Company as of December
Question:
1. Use the following information about the company's adjustments to complete a 10-column work sheet.
a. Unrecorded depreciation on the trucks at the end of the year is $40,000.
b. The total amount of accrued interest expense at year-end is $6,000.
c. The cost of unused office supplies still available at year-end is $2,000.
2. Prepare the year-end closing entries for this company, and determine the capital amount to be reported on its year-end balance sheet.
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Related Book For
Fundamental Accounting Principles
ISBN: 978-1259536359
23rd edition
Authors: John Wild, Ken Shaw, Barbara Chiappett
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